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and say you are picking in the presidential race whether it is presidential -- president obama or mitt romney, it is someone other than who you voted for, they are giving away 1,000 -- if you are taking a shot to you want to win, don't feel bad. maybe you would get a trip from jetblue. ashley: you have to pick to lose to win. nicole: if you want to be strategic about it. ashley: our next guest manages $750 billion and says now is the time for investors to get off of the sidelines and put their money to work. joining us in a fox business exclusive is john haler of global asset management. thank you for joining us. when you look at the amount of money on the sidelines still, are those investors missed the rally? you had $750 billion of assets under management. how much of that is in the market? >> great question. one thing you see about this market move is very low volume and as charlie was reporting a few minutes ago, individual investors have been on the sidelines. a lot of cash on the sidelines which is why volumes have been so low. people are uncertain what is going forward with the
. >> the first u.s. presidential debate between president obama and mitt romney is tonight in denver. the focus is on domestic issues and expectations are set high. new jersey's republican governor chris christie told "face the nation" this whole race is going to turn upside down come thursday morning. this as the latest nbc "wall street journal" poll shows president obama holds a narrow 49-46% lead over romney. some 40% of voters say the country is moving in the right direction versus 53% who say it's on the wrong track. nearly 60% believe the u.s. economy is recovering, though. joining us now is steve murphy, a democratic strategist and managing partner at mvar, and gretchen hamill is a republican strategist and executive director at public notice. nice to have you both with us. steve, perhaps you can kick it off for us. what do you think tonight holds? >> you know, here's what barack obama has to do. the debate right now in the campaign is very heavily over economic policy going forward. that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion
to be a big part of tonight's first presidential debate between governor romney and president obama. you can catch the entire debate right here co-hosted by maria and carl kwint knee ya. begins at 8:00 p.m. eastern time. >> meanwhile, we're in the final stretch for the day ahead of the debate. we have the market mixed here. >> another trading snafu. nasdaq cancelling some kraft food group trades after a potential transaction error caused that stock to spike on the open this morning. just one more blow to investor confidence? and what's been done about this? >> then, facebook may soon track users and their buying habits offline. how do you like that? is this a privacy issue that will blow back on the company or a great business strategy? both sides of the debate coming up. ♪ [ male announcer ] the first only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with
. it is 9 hours and counting until president obama and mitt romney square off in their first presidential debate. joining us live in denver where he hosts our debate coverage beginning at 8:00 eastern. neil cavuto. i know every one wants mitt romney to come out swinging tonight but that is what it is going to take to win this thing? neil: he has to close the deal to show he has a chance so i can understand that argument but often it is not just the debate but where i am standing now behind the auditorium where both sides selva winning points of their candidates arguments even if it is counted as a bad night. they always try to make this the place they do it so you will see this pact inches apart and everyone pitching their arguments in what is be sent to leave the spin room. thousands of journalists converging on this room in this location to make the post debate as big as the debate itself. if you think about it this is how it is sold after words. you go back to 1976 with gerald ford desperately trying to see his people make up for poland is not under soviet occupation, and -- effectivel
an ally. >>> welcome back. countdown mode is on. we are just over a month away from the presidential election. it's a big one. mitt romney and president obama are set to square off tonight in denver for the first of three presidential debates. you can catch it all right here live on cnbc beginning at 8:00 p.m. eastern. i'll be hosting the pre and post coverage along with carl quintanilla. of course, john harwood will also be with us. he's live on the ground in denver. he's here with a preview. over to you, john. >> hey, maria. it's important to remember this election isn't over. if you look at the new polls that we came out with last night and this morning, mitt romney's only trailing by three points nationally. that's down from a five-point margin a couple weeks ago. he's 9/11 florieven in florida,. he still trails in ohio by five points. that's a big problem. he needs to win the state of ohio. that just shows he has an opportunity tonight. three other big economic issues they're going to be talking about, first of all, on taxes. mitt romney hasosed a 20% across the board rate cut f
. the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> and bill, the battle continues now. in the battleground states, we're going to see both candidates in vi
presidential debate. president obama attempted to turn back some of that criticism by showing, taking a swing back at the gop challenger. listen to this. >> the man on stage last night, he does not want to be held accountable for the real mitt romney decisions and what he's been saying for the last year. governor romney may dance around his decisions but if you want to be president you owe the american people the truth. >> joining us from washington on the debate fallout is nbc's political director and chief white house correspondent chuck todd. you were there. you talked to a the lo of people afterwards. >> i did. >> what is your best guess what happened. this was a surprise to a lot of people watching in terms of president obama's performance. >> what had the biggest impact on me yesterday, i was at the denver rally, i traveled with him back from denver into madison and obviously his base was enthusiastic, being out there to see him, and i interviewed all these folks asking what they thought of the debate and they were dumbfounded, they expressed disappointment, i don't understand, why didn
that drubbing that president obama took, and we've got the vice-presidential debate this week and maybe that was close are than the last two presidential debates and they're very important. >> as of now, dead heat. all across the country, the national average, dead heat. >> i like that, and by the way, we still ask scott rasmussen in about a half hour, how many people were polled after the jobs report. how big a factor is the jobs report in that time. >> and we got the twitter feed this morning, as a matter of fact, and he said this is three day tracking poll so those numbers are the latest since the debate. >> so they wouldn't include the jobs numbers? >> not the jobs numbers, but the debate performance. >> and definitely the debate. and we've got a surprise drop in the unemployment rate friday, mainly because of the household survey, that would be 60,000 people surveyed, and from that, miraculously, we found that 873,000 people had joined the work force. and at "varney & company" we want to focus on what we call the real unemployment rate, which is 14.7%, when you take into account th
. >> well, basically, you know, we're just disappointed that governor romney and president obama haven't addressed gun violence in a concrete, specific way. and so basically we're demanding a plan from both of them. in advance of a presidential election, and presidential debate in denver, and asking that they put forth something specific, aside from just platitudes and moments of silence, and actually get down to the business of preventing that violence. >> how likely do you think it is, i mean ron has covered more -- more presidential debates than the rest of us. >> you know, this issue i think has been shelved by a myth. and the myth is since al gore lost in 2000 that gun control is overwhelmingly been rejected by the country. in fact the country is very closely divided. almost exactly in half. support has diminished since bill clinton was in august and was making the case for it. you contrast columbine when there was enormous white house focus and national conversation after those shootings to what happened here where there is the silence. democrats in particular have been intimidat
presidential which he does anyway, but also really go after president obama. take apart his record point by point. present very specifics as to how his approach to the economy and jobs would be different but be very specific because that is what really generates confidence in voters. tracy: but that's the thing. we haven't gotten specifics out of mitt romney yet, have we? >> or from barack obama. >> no, we have not. if you want barack obama's specifics look what happened last four years. those are his specifics. with romney is in a bit of a bind though because the things he wants to do, when you get down to real brass tacks of them are not going to be popular, right? more tax cuts for super-rich. messing around with medicare. give us more specifics on that. see how that plays in florida. tracy: at the same time, enough is enough with handing out welfare checks, handing out food stamps. we're on our way to socialism. is that what american people want to hear. >> what ellis said we have four years of evidence what barack obama has done and what he would do next four years. the reason obama
that for us. >>> well tax reform is unwith with most devisive issues the presidential campaign with both president obama and gop nominee mitt romney sharing drastic revision tax code. the tax foundation examines romney's plan and how it could affect the economy and of course your tax bill. here is the president scott hodge. scott, give us the headline. is it good or bad for the economy. >> it is very good, tracy. when we analyze the plan using sort of a dynamic model, woe find out when you cut individual tax rates across the board and especially cut the corporate rate by 10%age points from 35 to 25% it has very strong economic effect on growth over the long-term. that translates into higher incomes for all americans. so as a result even when you offset some of the spending cuts with base broadening eliminating loopholes everyone ends up better off in the long run with higher incomes and basically higher standards of living. tracy: it is an important point to make he is lowering the rates by 20%, not to 20%. that is gets lost in the press along the way. >> yes it does. tracy: top rate 35%
in the books. romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. >> for reaction from the obama campaign, the co-founder and former ceo of car max, austin leggen joins us from richmond, virginia. austin, good morning to you. >> good morning. how are you? >> good. i'd love to get your take on that specific moment which has been cited by many to be one of romney's most coherent, concise arguments for his view of the role of government. you agree? >> well, it may have been quick and a good sound bite, but it's not very coherent or concise. what he says is growth will give you revenue which will give you growth. i mean, what he's saying is i'll gr
things come to fruition, i think he's going to win the presidential election, i'm pretty happy about it. >> governor rendell we noticed that president obama in the last debate did not look like he's prepared. i doubt we'll see the same performance the next time around. what do you think he needs to do? >> well i think he needs to be more aggressive. first of all he needs to be more passionate about his accomplishments and his accomplishments i think are fairly significant. he took over a country that was on the brink of financial collapse, saved the financial syst system, got the american automobile manufacturing system again, we've had half a million manufacturing jobs, best period of manufacturing growth in a while, housing starts are up, consumer confidence is up, automobile sales are up, rail traffic is up, the unemployment rate is under 8%, we're headed in the right direction and i think he's got to be pretty affirmative about that and i think he also has to call governor romney on the inconsistencies we saw in the first debate but i think jim is right, governor romney terrific per
are beginning to hedge their bets away from republican presidential hopeful to help republicans in key house and senate races instead. charlie gasparino has exclusive details on this. what does this mean, charlie? do they think president obama is going to get reelected? >> yes. or likely. this isn't a new trend. i've been reporting stuff coming out of the romney campaign last couple weeks. in the last week we see this type of trend. it is not money going from republicans to, from romney to president obama. it is more or less, money that was going to, or pledged to mitt romney's presidential campaign being diverted to house and senate seats. you have key republican donors, many in the new york area, that is one of the good things about covering wall street, i know a lot of the big money twice here. that money, from what i understand is starting to be diverted to hoist and senate races. that is not good news for mitt romney. could this change? i could tell you this. i talked to people inside the romney campaign. they confirmed the trend. they confirmed the trend is beginning. they believe it i
presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that debate, the discussion was clearly focused on the deficit and debt. which is the issue th
in a more competitive position. what we see in presidential race after presidential race is whenever anybody in a structurally close race, whenever anybody gets a lead that looks to be pushing the boundary, and obama's lead, when you start getting to four, five, six-point lead in some of these national polls, that's just too high given the divisions in the country, so that's coming down a little bit, and it sets the table again for romney to try to reset impressions of him tonight, really make a strong case on the economy and deal with that 47% video. >> why do you think the situation has not changed in ohio? what's the different metric there? is it because they have people that are more closely related to the car industry and that argument that the obama campaign is at play there? >> the auto industry makes a difference. remember that florida is also an older electorate than ohio. >> but people thought that would slow people that the choice of ryan would scare people. >> he's up in all the polls with people over 65, though. >> right. but senior citizens are the strongest element of romney's
we closed just under 13,500, our top story as you can imagine, the first presidential debate and investor reaction. president obama and republican nominee mitt romney sparring for more than an hour, an hour and a half, over the economy, tax cuts, health indication, education, and the future of big bird. huge jump on that, so hard. >> he's a huge fan of "sesame street." >> i think there's points on that, right? >> he did a good job of being affable even though he was telling jim lehrer i'd fire you. >> "sesame street" is a one-way street and only moves toward "sesame street" not toward "squawk box." >> we did meet elmo. >> hugs and kisses! >> nice rebound for mitt romney after last night's performance almost a 50% move. we were down at 22, so it wasn't all just, can you see where the days are, it was up to 34. you didn't watch that last night? >> i thought this was the obama one. >> went from 22 to about 35. our senior -- are you not chief economyist? >> senior economicist. tomorrow i'll be chief economist. depends on what i'm doing, two jobs. >> tomorrow is jobless friday. >>
that we could have an electoral tie. highly unlikely. so i don't think the election's over. b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >> john, you wrote a column that talks about the debates and the impact of the debates traditionally. and made the case that traditionally it makes very little impact. >> there are many individual moments that make an impression. but to fundamentally change where a race is going is very rare and you need a combination of events. the example that i used in that piece, andrew, was 2000, al gore had a lead of about what president obama has now entering the debates against george w. bush. he had a reputation as a stron
% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in certain commodity contracts and expand restrictions to swaps trade. meanwhile nokia has another big customer. the "wall street journal" says the company is going to unveil a deal with oracle take. the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. shares in banco popular have resumed trading. the banks approved a 2.5 billion rights issue. it will report record write downs and has suspended its dividend due this month. this comes after an independent audit of
a gaffe. people make gaffes in these debates. we've talked about gaffes of the past presidential debate. 90 minutes of nothing. >> 90 minutes worth. >> when "snl" is doing a parody of you it's never a good thing. >> the notion that obama doesn't want the job is a horrible notion. >> kind of said it. >> he has no joy on the job. >> this is a difficult job. the president has worked his darnedest to do his best the past four years. the idea that the president got in front of the television didn't look like he was presidential or another four years, this man has worked hard to get this country out of recession. >> i said it was despondent, altitude sickness or lack of preparation? women don't like to be insulted. >> we will see what women accept and reject when we see polls and we'll bring you back because i would love to walk through the polls. i think we will see some shift but i won't predict it yet until we see. watch complete coverage of thursday's vice presidential debate on cnn and, it starts at 7:00 p.m. eastern time. got to take a break but still ahead, remember when everyb
putting one face there, ben bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the obama cabinet starting with t
Search Results 0 to 22 of about 23 (some duplicates have been removed)